Hello everyone. I am in a state that lets the buyer's agent give a rebate to the buyer. In fact, most buyers' agents will advertise this because there is so much competition.I found a house from a builder 6 months ago...
What are the tax implications for the seller of a seller financed property in which the seller purchased, remodeled and sold it on terms?Hypothetical transaction with easy numbers:1) Seller acquires property for $100K...
I have two rentals along with primary residence. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income? Should buying another property would help? Any po...
I’m a long-term Bitcoin investor looking to purchase a new primary residence. Since I have no demonstrable income, and don’t want to liquidate my holdings due to tax implications, I was planning on getting a Bitcoin-b...
I keep hearing that while you should be cash flowing positively, you should be showing a loss on taxes for your rentals. I've deducted every repair, interest, tax, insurance, depreciation, etc. that I have put into th...
If I have rentals in Washington State (State Tax Free) and live in a state like Hawaii or California with a State tax, do I need to pay state tax? How will it work?
I just started wholesaling, I haven’t landed a deal yet. However, I do have a few offers I’m waiting to hear back on. In the mean time I want to know how does taxes work for wholesalers. If I make $20k from a deal how...
Hi BP folks, I am investing in a multifamily syndication and looking for opinions on whether to make a contribution out of my SDIRA or use a HELOC ? Would be interested to hear pros and cons.Thanks
I was wondering if I sell one of my rental units if i can re-invest the capital gains to avoid paying taxes on it. If so how long do I have to re-invest? Any info on this subject would be greatly appreciated.
Thank yo...
No one likes paying taxes, so let’s talk about how you can pay FAR less to the IRS! On today’s show, we sit down with real estate investor and CPA Amanda Han, the author of the brand new book The Book on Tax Strategie...